Comments on: Do High Property Values mean Higher Taxes? http://www.themannings.org/soapbox/2006/06/19/do-high-property-values-mean-higher-taxes/ Pragmatic Libertarianism Thu, 04 Dec 2008 03:00:46 +0000 http://wordpress.org/?v=2.2.1 By: Jeremy Manning http://www.themannings.org/soapbox/2006/06/19/do-high-property-values-mean-higher-taxes/#comment-1034 Jeremy Manning Wed, 21 Jun 2006 22:24:12 +0000 http://www.themannings.org/soapbox/2006/06/19/do-high-property-values-mean-higher-taxes/#comment-1034 Cody, Thank you for bringing some deeper analysis to my site!!! I am going to consider this policy a little longer for a follow up post to this. There are pros and cons to the way things are done here. The education stuff is for another post that is coming. In short...you are right and right again. Cody,

Thank you for bringing some deeper analysis to my site!!!

I am going to consider this policy a little longer for a follow up post to this. There are pros and cons to the way things are done here.

The education stuff is for another post that is coming. In short…you are right and right again.

]]> By: Cody http://www.themannings.org/soapbox/2006/06/19/do-high-property-values-mean-higher-taxes/#comment-1032 Cody Wed, 21 Jun 2006 20:21:41 +0000 http://www.themannings.org/soapbox/2006/06/19/do-high-property-values-mean-higher-taxes/#comment-1032 Actually, an arguement could also be made in the reverse of that last one that Utahns with large families unfairly burden the state school and other systems, get unfair tax advantage because of tax writoffs, etc. So, all in all, I think you'll always see a peculiar set of state practices in Utah because we are a 'peculiar' state. ;) Actually, an arguement could also be made in the reverse of that last one that Utahns with large families unfairly burden the state school and other systems, get unfair tax advantage because of tax writoffs, etc.
So, all in all, I think you’ll always see a peculiar set of state practices in Utah because we are a ‘peculiar’ state. ;)

]]> By: Cody http://www.themannings.org/soapbox/2006/06/19/do-high-property-values-mean-higher-taxes/#comment-1029 Cody Wed, 21 Jun 2006 19:25:34 +0000 http://www.themannings.org/soapbox/2006/06/19/do-high-property-values-mean-higher-taxes/#comment-1029 You know, as an employee of a county IT department in Utah, and working with their tax system, I find it interesting how the whole system works. Utah has done a great job to keep taxes low for its home owning residents. It's a good way to keep Utah growing. However, the money always has to come from somewhere, so if not from the new mega-homes, then from elsewhere. A real estate market running out of control is not always a good thing. Taxing a little closer to market value would help slow the tide of money pouring into loan officer, real estate agent and title company pockets as we all take turns switching homes every 6 months. The down side to this arguement is that Utah spends far less per school student than many other states. The average school in my county is over 30 years old. I have to question myself as to where our priorities lie. I would love to see my children in a newer school, smaller classroom, etc. So, while many are able to afford bigger, nicer homes, with minimal 'luxury real estate taxes', we all pay for that luxury too...including our children. You know, as an employee of a county IT department in Utah, and working with their tax system, I find it interesting how the whole system works. Utah has done a great job to keep taxes low for its home owning residents. It’s a good way to keep Utah growing. However, the money always has to come from somewhere, so if not from the new mega-homes, then from elsewhere.

A real estate market running out of control is not always a good thing. Taxing a little closer to market value would help slow the tide of money pouring into loan officer, real estate agent and title company pockets as we all take turns switching homes every 6 months. The down side to this arguement is that Utah spends far less per school student than many other states. The average school in my county is over 30 years old. I have to question myself as to where our priorities lie. I would love to see my children in a newer school, smaller classroom, etc.

So, while many are able to afford bigger, nicer homes, with minimal ‘luxury real estate taxes’, we all pay for that luxury too…including our children.

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